PARIS (Reuters) -French Finance Minister Bruno Le Maire said on Monday he has started talks with his counterparts to see if EU-made “green products” sold in the United States would …
subsidies
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(Reuters) -President Joe Biden and French President Emmanuel Macron agreed during a state visit earlier this week to “fix” issues arising from U.S. legislation that includes subsidies for American-made products, …
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LAGOS (Reuters) – Nigeria’s subsidies on petrol, electricity and foreign exchange are mostly benefiting wealthy households, the World Bank said in a report on Monday, adding that inefficient use of …
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By David Lawder NUSA DUA, Indonesia (Reuters) – Electric vehicles (EVs) shuttled G20 delegations and security forces across the southern tip of Bali this week in a symbolic show of …
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BERLIN (Reuters) – Budget experts from Germany’s ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …
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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank will raise interest rates again on Thursday and likely reel in a key subsidy to commercial banks, …
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By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against …
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MADRID (Reuters) – Volkswagen’s Spanish subsidiary SEAT will rake in almost half of the nearly 900 million euros ($888 million) in government subsidies allocated for electric vehicle development, Spain’s Industry …
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By David Shepardson (Reuters) -The United Auto Workers (UAW) union on Friday called on the Biden administration not to award any subsidies, loans or other taxpayer support until Hyundai Motor …
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LONDON (Reuters) -British finance minister Jeremy Hunt, seeking to quell a bond market rout, listed on Monday tax changes that he said would raise an extra 32 billion pounds ($36.16 …
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WASHINGTON (Reuters) – Europe’s energy subsidies may reduce the current rate of inflation but only at the expense of future higher readings, potentially complicating the task of monetary policy, European …
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By David Shepardson WASHINGTON (Reuters) – A group of Democratic lawmakers wants the U.S. Commerce Department to take additional steps to ensure semiconductor companies do not use government subsidies to …
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By Julia Payne LONDON (Reuters) – Nigeria has failed to capitalise on an oil price boom that has helped cushion other exporters from the impact of inflation, with millions more …
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By Camillus Eboh ABUJA (Reuters) – The cost of Nigeria’s fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to 2.568 trillion …
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By Joey Roulette WASHINGTON (Reuters) -SpaceX on Friday challenged the U.S. Federal Communications Commission’s (FCC) decision to deny the space company’s satellite internet unit $885.5 million in rural broadband subsidies, …
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NEW DELHI (Reuters) – Indonesia’s state-owned oil giant Pertamina, Asia’s biggest gasoline importer, has deferred some of its gasoline deliveries for September ahead of planned government cuts to fuel subsidies …
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MEXICO CITY – Subsidies from the Mexican government to combat rising inflation in the country have cost some 575 billion pesos ($28.04 billion) this year, officials said on Tuesday, adding …
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By Jane Lanhee Lee (Reuters) – Major semiconductor makers on Thursday hailed passage in the U.S. Congress of a pot of federal government money for new chip factories in the …
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By Marcela Ayres and Bernardo Caram BRASILIA – Brazil’s Economy Ministry is trying to limit the cost of higher cooking gas subsidies and a new cash transfer program for truck …
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IMF urges countries to support vulnerable, avoid blanket subsidies as food, fuel prices soar
by ReutersBy Rachel Savage LONDON – The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than issue across-the-board aid that risked …
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KARACHI, Pakistan – Pakistan will slash fuel subsidies for a second time in a week in a bid to control the fiscal deficit and secure International Monetary Fund (IMF) bailout …
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BEIJING – The industrialised Chinese coastal city of Wuxi is offering Nobel Prize winners up to 10 million yuan ($1.48 million) in housing subsidies to attract top talent in a …
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By Asif Shahzad ISLAMABAD – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations as …
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By Marek Strzelecki and Kate Abnett WARSAW – It is too early to say if Poland will ask the European Union for approval to extend capacity market support for coal-fuelled …
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By Nichola Groom LOS ANGELES – U.S. Energy Secretary Jennifer Granholm said on Thursday she was unsure if two nuclear power plants with previous plans to shut will apply for …